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Buyout house Fleming Family & Partners Private Equity has bolstered its team with two investment directors in the midst of a busy period for the firm.

The firm, part of family office Fleming Family & Partners, has hired Llewellyn John from rival Nova Capital Management and promoted Dan Walker from the position of investment manager, according to a statement.

John worked as an associate partner at Nova after joining the firm in 2006 and collaborated with FF&P Private Equity on the firms’ co-investment in films manufacturer EIS Optics, on which the latter generated a return of 3.5 times its two-year investment on selling the company in October.

David Barbour, co-head of FF&P Private Equity, said: “[The appointments] follow an active period for the firm within a challenging exit environment which has seen the management buyout of the payment technology company CreditCall, the sale of Clipper Teas, the Dorset-based supplier of Organic and Fairtrade teas, and the sale of EIS Optics.”

In March, FF&P and venture capital firm Bestport Ventures co-invested in a majority stake in CreditCall in a bet on the increasingly sought after payment processing sector. Walker said at the time that the firm was attracted to the sector’s strong revenues.

The same month, FF&P sold UK tea and coffee company Clipper Teas to Wessanen for an undisclosed sum. The company had revenue of £16m last year.

Meanwhile, FF&P has been on the fundraising trail – in June it said it had reached the first hurdle in its efforts to raise a fund aimed at development capital and small buyouts, giving the firm more than £47m to invest in the deals. The fund’s progress to date remains unclear.

FF&P Private Equity invests on behalf of the family of James Bond author Ian Fleming.